CoinMarketCap’s Interim CEO Carylyne Chan Talks Acquisition and Business Plans

Apr 16, 2020

Binance has recently announced its buyout of CoinMarketCap (CMC) for an undisclosed price, thought to be one of the top M&A deals in the crypto sector with rumored price at $400 million in cash and stock options. With the sale, CMC founder Brandon Chez immediately stepped down to ...

Binance, Kucoin, Others Roped in US Manipulation Lawsuits

Apr 7, 2020

11 lawsuits have been filed against some crypto industry parties including Binance, KuCoin, Block.one (EOS), Tron Foundation (TRX)  in a New York federal court. Roche Cyrulnik Freedman LLP partnered Selendy & Gay PLLC to file the class actions in the Southern Distri...

China Crypto Roundup: CBDC Highlighted Again, Binance Inching Back to Asia

Apr 7, 2020

In recent Chinese cryptocurrency news: the digital yuan was highlighted again in the central bank’s annual meeting this year, at almost the same time, the PBoC-backed internet finance regulatory organization issued a warning against virtual currency. Crypto exchanges keep expanding while seek...

Binance to Introduce Options Trading as Part of Larger Expansion Strategy

Apr 3, 2020

Binance users could see a major new addition to its platform, according to the latest leak from its development team. Earlier today, the official Binance Twitter handle teased about adding options trading to the exchange, sharing a picture showing a slew of new features that are about to be test...

Founder of Binance: Not Acquisition but to Co-construct Ecology with CoinMarketCap

Apr 3, 2020

CZ, the founder of Binance said in online AMA post-acquisition that CoinMarketCap(CMC) is one of the most valuable crypto charting platforms with a large number of users. Binance's acquisition of CMC (undisclosed sum) is not to transfer CMC’s user flow to Binance, but to co-cons...

Binance Inching Closer Back to Asia

Apr 1, 2020

After its foray into various parts of the world, Binance seems to be making its way back into Asia going by recent moves. From China to Japan, then to Malta, the world's largest cryptocurrency exchange by volume has had to move its operation in recent years for mostly regulatory-related re...

Here’s What the Crypto Community is Doing to Help Fight COVID-19

Mar 26, 2020

The current coronavirus pandemic has rallied up the crypto community, with companies racing to donate, waive fees, and make charitable donations easier during the crisis. With more than 450,000 confirmed cases and more than 20,000 dead from the coronavirus, the world needs all the help it can get ...

China Crypto Roundup: FCoin Drama, Coronavirus Impact, Bitcoin Halving Debate

Mar 2, 2020

In recent Chinese cryptocurrency news, while the FCoin drama keeps simmering, OKEx was experienced DDoS attacks, security issues centering on crypto exchanges once again rose to a talking point in the country; Bitcoin mining industry is walking out of the shadow of coronavirus as producti...

Binance Never Been Authorised to Operate in Malta? It’s Been Two Years

Feb 22, 2020

The Maltese financial regulatory body has issued a public statement on Friday Feb. 21 denying the legality of Binance as a registered entity that is authorized to carry out crypto-related activities in Malta. "...Binance is not authorised by the MFSA to operate in the cryptocurrency sp...

$629M Wiped Out! What’s Behind Bitcoin’s Steep $850 Drop over the Night

Feb 20, 2020

Bitcoin took a sharp nose dive, plunging $850 shortly in an hour starting around 21:45 UTC, from a high of $10,200 to a low of $9,350. As of press time, the price of bitcoin has bounced a bit back around $9,540. The plunge of the largest cryptocurrency immediately kicked off a knock-on effe...